On the recordMarch 15, 2012
let me take a moment to review what has transpired this morning. Last week the House passed the pending small business capital formation bill by a vote of 390 to 23. President Obama has endorsed the bill very publicly; thus, this is a measure the Senate should consider expeditiously and pass in short order. The Republican leader and I have had preliminary conversations about how to process this bill. Initial indications are that the Senate would not be able to agree to a time agreement providing for a limited number of amendments; so I proceeded today to ensure consideration of at least two amendments. So, on Tuesday, the Senate will vote first on the motion to invoke cloture on the Reed of Rhode Island amendment. That amendment is sponsored also by Landrieu, Levin, and Brown of Ohio, which is a substitute, as I have indicated. After disposition of that amendment, the Senate will next vote on a motion to invoke cloture on the bipartisan Cantwell, Johnson, Graham, Shelby Export-Import amendment. This Ex-IM Bank amendment is very important. The legislation just last year created 300,000 jobs and affected 2,000 communities in America. These jobs I am talking about are all American jobs. After disposition of that amendment, the Senate would then vote on a motion to invoke cloture on the underlying bill. In the meantime, I am always open to unanimous consent agreements to aid in disposition of the bill.…





